{ "crd_number": 168155, "slug": "bernhard-capital-partners-management-lp-baton-rouge-la-168155", "primary_business_name": "BERNHARD CAPITAL PARTNERS MANAGEMENT, LP", "legal_name": "BERNHARD CAPITAL PARTNERS MANAGEMENT, LP", "dbas": [ "BCP INFRASTRUCTURE MANAGEMENT, LLC", "BERNHARD CAPITAL PARTNERS MANAGEMENT, LP" ], "city": "Baton Rouge", "state": "LA", "country": "United States", "cbsa_code": "12940", "metro": { "cbsa_code": "12940", "common_name": "Baton Rouge", "msa_name": "Baton Rouge, LA", "path": "/advisors/la/baton-rouge" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2014-07-23", "years_registered": 12, "period": "2026-10-01", "filing_date": "2026-03-30", "carried_forward": false, "raum_total": 6578702870.0, "raum_discretionary": 6578702870.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 42, "advisory_employees": 32, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 6578702870.0, "count": 23 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "LA", "TN" ], "websites": [ "https://bernhardcapital.com", "https://linkedin.com/COMPANY/BERNHARD-CAPITAL-PARTNERS-LLC", "https://twitter.com/BERNHARDCAPITAL?LANG=EN" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168155", "city_as_filed": "BATON ROUGE", "url": "https://advisorcensus.com/firm/bernhard-capital-partners-management-lp-baton-rouge-la-168155", "display_name": "Bernhard Capital Partners Management, LP", "summary": "Bernhard Capital Partners Management, LP is an SEC-registered investment advisory firm in Baton Rouge, LA, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.", "citation": "AdvisorCensus. Bernhard Capital Partners Management, LP (CRD 168155): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Bernhard Capital Partners Management, LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Bernhard Capital Partners Management, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Bernhard Capital Partners Management, LP located?", "a": "Bernhard Capital Partners Management, LP's principal office is in Baton Rouge, LA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Bernhard Capital Partners Management, LP registered with the SEC or a state?", "a": "Bernhard Capital Partners Management, LP is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 168155." }, { "q": "How much does Bernhard Capital Partners Management, LP manage?", "a": "Bernhard Capital Partners Management, LP reports $6,578,702,870 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)." }, { "q": "How have Bernhard Capital Partners Management, LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Bernhard Capital Partners Management, LP: Regulatory assets under management: $2,546,002,270 in the October 2021 data and $6,578,702,870 in the October 2026 data, up 158%. Total employees: 29 in October 2021 and 42 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Bernhard Capital Partners Management, LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (23)." }, { "q": "Does Bernhard Capital Partners Management, LP report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/168155" }, { "q": "What changed in Bernhard Capital Partners Management, LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 26 to 32. Regulatory assets under management went from $4,850,160,685 to $6,578,702,870 (+36%). Added an office in New Orleans, LA." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2546002270.0, "total_employees": 29, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2856700000.0, "total_employees": 31, "filing_date": "2022-03-29" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3431505745.0, "total_employees": 34, "filing_date": "2023-03-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3964828037.0, "total_employees": 38, "filing_date": "2024-03-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4850160685.0, "total_employees": 36, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 6578702870.0, "total_employees": 42, "filing_date": "2026-03-30" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 26 to 32.", "Regulatory assets under management went from $4,850,160,685 to $6,578,702,870 (+36%).", "Added an office in New Orleans, LA." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/bernhard-capital-partners-management-lp-baton-rouge-la-168155.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 23, "fewer_than_5": false, "raum": 6578702870.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168155", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }